STAFF BLOG TWIN PORTS BUSINESS Big layoffs, slower recovery
A recent article in The Wall Street Journal had an interesting message on the recovery of companies that made drastic cutbacks during the recession.
Some went too far, it says.
Companies that made acr... Posted on 5/10/10 at 6:17 AM
More than 60 employees in the Duluth school district won’t have jobs to return to next fall. Duluth School Board members approved 31 layoffs and 34 terminations of positions during a meeting Tuesday night in a 6-1 vote.
More employees seem to be showing up early, forgoing vacation time, taking on extra projects — and doing it all with a smile (real or otherwise). And Labor Department figures show workers have sharply boosted their productivity over the past year as layoffs mounted.
Minntac stands to potentially lose a number of young, talented workers if layoffs continue. And it’s a situation that might have been avoided if U.S. Steel allowed workers with fewer family obligations to take voluntary time off instead of laying off newest employees first.
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